8350 COUNTY ROAD 15 ROAD Active

Augusta,ON K0G1R0

$ 1099900

6 Beds

6 Baths

5000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $219

Subdivision 809 - Augusta Twp

MLS Listing ID X12434507

Bedrooms 6

Source Rideau - St. Lawrence Real Estate Board

Property Description

Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 2260.00 = 10,788.46 per month = 129,461.52 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 88,723.52 divided by 12 net per month is approx. 7393.00 per month with current rents (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Window air conditioner

Fireplaces Number 5

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 30

Private Pool No

Building

Story 1.5

Sewer Septic System

Others

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